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Home All Events Hurricane Finance Full Protocol Launch

Date

May 12 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 12 2022
  • Time: 8:00 am

Status

Abandoned

Hurricane Finance Full Protocol Launch

May 12 update – the website and socials are all gone, although there is a bit of liquidity left. We don’t have any reports of it being a rug, so we will mark this as “Abandoned” unless we hear otherwise.

New Tomb fork on Fantom.

DETAILS
  • Stake HURRICANE in the boardroom to earn more TORNADO
  • Deposit/ withdrawal has a lockup period of 4 Epochs, harvest lockup to 2 Epochs
  • During expansion, minted TORNADO is distributed as follows:
    • 80% to HURRICANE stakers in the boardroom
    • 15% to the DAO
    • 5% to the dev
  • TORNADO is the algostable, pegged to the price of FTM
  • HURRICANE is the shares token; with 80,000 total supply
    • 60,000 HURRICANE to staking pools distributed over 180 days
    • 15,000 HURRICANE to DAO treasury vested linearly over 150 days
    • 5,000 HURRICANE to dev team vested linearly over 150 days
    • 100 HURRICANE for initial mint
  • TBOND is the bond token
  • TORNADO token ownership has been renounced
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